Major Undertakings definition

Major Undertakings means those undertakings set forth in Sections 5.19, 6.01, 6.02, 6.03, 6.04 and 6.05, solely to the extent that they relate to any Certain Funds Loan Party; provided, that, for the avoidance of doubt, a Major Event of Default as it relates to a Major Undertaking shall not apply in respect of or relate to the Company or any of the Company’s subsidiaries, or any of the assets of the Company or any of the Company’s subsidiaries, or a breach of a procuring obligation with respect to the Company or any of the Company’s subsidiaries.
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Major Undertakings means an undertaking with respect to any Group Company pursuant to any negative pledge undertaking or restriction on financial indebtedness, disposals, mergers, acquisitions, distributions, loans out or guarantees under any Super Senior WCF.
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Major Undertakings means an undertaking with respect to any Group Company pursuant to any negative pledge undertaking or restriction on
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Examples of Major Undertakings in a sentence

  • For the avoidance of doubt, no undertakings other than those which are set out in Part II (Major Undertakings) of Schedule 5 (Major Representations, Undertakings and Events of Default) shall constitute a Major Undertaking.

  • Major Undertaking means an undertaking set out in Part II (Major Undertakings) of Schedule 5 (Major Representations, Undertakings and Events of Default).

  • Each Obligor agrees to be bound by the Major Undertakings relating to it set out in Part B ( Major Undertakings) of Schedule 5 (Major Representations, Undertakings and Events of Default).

  • Table 2-11 Major Undertakings to be taken by each Government No.*1: B/A: Banking Arrangement, A/P: Authorization to pay*2: If the environmental screening category is C, No.10 is unnecessary 2-2-4-4 Consultant Supervision Under the Japan’s Grant Aid scheme, the Consultant shall execute smoothly the consulting services by organizing a project team for construction supervision, with a full understanding of the Basic Design.

  • Organising committee and affiliates only use personal data and information of Exhibitors for the purpose of Exhibition and related matters, will not use and not disclosure for any other purposes; however in the request of laws and regulation, judicial judgment and governmental agency is the exception.

  • Table 2-31 Project Scope for Tanzania and Japanese Governments Table 2-32 Major Undertakings to be taken by Each Government Remarks B/A: Banking Arrangement, A/P: Authorization to Pay2-2-4-4 Consultant Supervision‌After the completion of this basic design study, the project is subject to the GOJ cabinet approval of GOJ Upon the cabinet approval, Japanese and Tanzania Governments will sign the Exchange of Notes (E/N) on grant aid for the project.

  • Table 2-21 Major Undertakings to be Taken by Each Government(B/A : Banking Arrangement, A/P : Authorization to pay) 2-3-2 Additional Procurement of Waste Containers for Waste Collection VehiclesAlthough a great number of compactors and container carriers will be procured by the Project, the number of waste containers for the vehicles of the Project will be one per vehicle.

  • Public Hearing for "Major" Undertakings (DOE's Recommendation)The NB DOE has proposed that a public hearing by an Independent Review Body is appropriate for assessments of major undertakings generating significant public interest.

  • The Borrower agrees to be bound by the Major Undertakings that it is subject to under the terms of Part 2 ( Major Undertakings) of Schedule 3 (Major Representations, Major Undertakings and Major Events of Default).


More Definitions of Major Undertakings

Major Undertakings means those covenants set forth in clauses (a), (b)(i) to (iii) and (c) of Section 5.20, Section 6.01, Section 6.02, Section 6.03, Section 6.04, Section 6.05 and Section 6.06, in each case, solely to the extent relating to a Certain Funds Entity as to itself only (and for the avoidance of doubt not with respect to the Target and/or any of its Subsidiaries) and excluding any procurement obligation of a Certain Funds Entity with respect to the Target, any of its Subsidiaries or any other person.
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Major Undertakings means the undertakings set out in
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Major Undertakings means those undertakings set forth in Sections 7.01, 7.02, 7.03, 7.04, 7.05, and 7.09, solely to the extent that they relate to Holdings or the Borrowers, as applicable; provided, that, for the avoidance of doubt, a Major Default as it relates to a Major Undertaking shall not apply in respect of or relate to the Target or any of the Target’s subsidiaries, or any of the assets of the Target or any of the Target’s subsidiaries, or a breach of a procuring obligation with respect to the Target or any of the Target’s subsidiaries.
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Major Undertakings means any of:
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Major Undertakings means an undertaking in respect of the Parent, the Company or Merger Sub only under Clause 26.6 (Merger), Clause 26.8 (Acquisitions), Clause 26.9 (Joint ventures), Clause 26.10 (Holding Companies), Clause 26.12 (Pari passu ranking), paragraph (a) of Clause 26.13 (Acquisition Documents), Clause 26.14 (Negative pledge), Clause 26.16 (Disposals) or any of Clause 26.18 (Loans or credit) to Clause 26.21 (Financial Indebtedness).
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Major Undertakings means those undertakings set forth in Sections 6.17(d) to (h), 7.01 and 7.04, solely to the extent that they relate to any Certain Funds Loan Party; provided, that, for the avoidance of doubt, a Major Event of Default as it relates to a Major Undertaking shall not apply in respect of or relate to the Company or any of its Subsidiaries, or any of the assets of the Company or any of its Subsidiaries, or a breach of a procuring obligation with respect to the Company or any of its Subsidiaries.
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Related to Major Undertakings

  • Undertakings as references to obligations under this Framework Agreement;

  • L/C Undertaking has the meaning set forth in Section 2.12(a).

  • Standard Securitization Undertakings means representations, warranties, covenants and indemnities entered into by the Borrower or a Subsidiary thereof that are reasonably customary in non-recourse securitization transactions.

  • parent undertaking means a parent undertaking as defined in point (15)(a) of Article 4(1) of Regulation (EU) No 575/2013;

  • public undertaking means any undertaking over which the public sector bodies may exercise directly or indirectly a dominant influence by virtue of their ownership of it, their financial participation therein, or the rules which govern it; for the purpose of this definition, a dominant influence on the part of the public sector bodies shall be presumed in any of the following cases in which those bodies, directly or indirectly:

  • Water Undertaker means the company appointed to be the Water Undertaker under Section 6(1) of the 1991 Act for the area in which the property is or will be situated.

  • Disclosure Undertaking means the Issuer’s master undertaking to provide ongoing disclosure relating to certain obligations contained in the SEC Rule in connection with the general obligation notes of the Issuer issued after February 27, 2019, as implemented by Ordinance Number 50-933 of the Issuer.

  • group undertaking means the Company or another undertaking in the group;

  • Additional Agreements means all agreements, instruments, documents and opinions other than this Loan Agreement, whether with or from Customer or any other party, which are contemplated hereby or otherwise reasonably required by MLBFS in connection herewith, or which evidence the creation, guaranty or collateralization of any of the Obligations or the granting or perfection of liens or security interests upon the Collateral or any other collateral for the Obligations.

  • Confidentiality Undertaking means a confidentiality undertaking in substantially the appropriate form recommended by the LMA from time to time or in any other form agreed between the Borrowers and the Facility Agent.

  • financial undertaking means any of the following entities:

  • Continuing Disclosure Undertaking means the Continuing Disclosure Undertaking of the Issuer, in substantially the form attached hereto as Exhibit 1, dated the Closing Date, for the purpose of providing continuing disclosure information under Rule 15c2-12 adopted by the Securities and Exchange Commission under the Securities Exchange Act of 1934, as may be amended from time to time.

  • group of undertakings means a controlling undertaking and its controlled undertakings;

  • Facility Agreements means the agreements of that name between the Issuer and different

  • Demerged Undertaking means the Premium Brands Business of the Demerged Company and includes related assets, liabilities, rights and powers, on a going concern basis, representing an undertaking in compliance with Sec. 2(19AA) of the Income Tax Act, as on the Appointed Date, which shall be transferred and vested with the Resulting Company upon Demerger by the Demerged Company in terms of this Scheme. Without prejudice and limitation to the generality of the above, the Demerged Undertaking means and includes,:

  • insurance undertaking means insurance undertaking as defined in point (1) of Article 13 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) (1);

  • Confidentiality Agreements has the meaning set forth in Section 5(d).

  • railway undertaking means any public or private undertaking licensed according to this Directive, the principal business of which is to provide services for the transport of goods and/or passengers by rail with a requirement that the undertaking ensure traction; this also includes undertakings which provide traction only;

  • Undertaking Letter The letter in substantially the form set forth in Exhibit C of the Trust Agreement.

  • Additional Agreement has the meaning assigned to such term in Article 8.

  • VIE Agreements means the Exclusive Service Agreement, the Exclusive Call Option Agreement, the Shareholder Voting Rights Proxy Agreement and the Equity Pledge Agreement entered into by and among some or all of the Parties hereto on the same day this agreement is entered, including any supplemental agreements or amendments to such agreements, and any other agreements, contracts or legal documents executed or issued by one or more Parties and/or Party C’s affiliated enterprises from time to time to ensure the performance of the aforesaid agreements, signed or accepted by Party A in writing.

  • Existing Confidentiality Agreement shall have the meaning set forth in Section 6.6.

  • Acquisition Agreement Representations means the representations and warranties with respect to the Companies made by the Seller in the Acquisition Agreement to the extent a breach of such representations and warranties is material to the interests of the Lenders, but only to the extent that the Borrower or its Affiliates have the right to terminate its or their obligations under the Acquisition Agreement (or decline to consummate the Rockwood Acquisition) as a result of a breach of such representations in the Acquisition Agreement.

  • Letter of Undertaking means the letter of undertaking from, amongst others, the Issuer and its Managing Directors to the Initial Purchaser, Investment Manager and the Trustee.

  • reinsurance undertaking means reinsurance undertaking as defined in point (4) of Article 13 of Directive 2009/138/EC;

  • Mutual Agreement is defined to mean an agreement between the Union and the Employer.